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Bullboard - Stock Discussion Forum Canfor Corp T.CFP

Alternate Symbol(s):  CFPZF

Canfor Corporation is engaged in the manufacturing of high-value low-carbon forest products, including dimension and specialty lumber, engineered wood products, pulp and paper, wood pellets, and green energy. The Company’s segments include lumber and pulp and paper. It produces renewable products from sustainably managed forests at more than 50 facilities across its diversified operating... see more

TSX:CFP - Post Discussion

Canfor Corp > CFP trading at $105 CAD per thousand board feet of lumber
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Post by Apaulson on Sep 08, 2022 10:46am

CFP trading at $105 CAD per thousand board feet of lumber

CFP is trading at $105 CAD per thousand board feet.  The market has absolutely no confidence in managment.

Price - 2022-09-08 Low                             23.00
Shares outstanding                122,520,000
Market cap            2,817,960,000
   
Net cash - end of Q2            1,267,000,000
   
Duties on deposit - end of Q2                849,000,000
Estimated recovery rate 75%
Estimated recovery of duties                636,750,000
             2,116,000,000
   
Market cap            2,817,960,000
Net cash - end of Q2            1,267,000,000
Estimated recovery of duties                636,750,000
Market cap less net cash and duties                914,210,000
   
Mbf Capacity - 2022                    6,700,000
   
Price per Mbf (CAD)                                136
Price per Mbf (USD - 1.3 x-rate)                                105
   vs. 
Random Lengths Futures - Nov.                                486
   
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